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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (33077)11/10/1999 10:51:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
Dow and S&P is source of funds for Nasdaq. <g>
I have 21-day TRIN down to .72, .75 being overbought. As before, there is mixed signals between the Dow/S&P/NYSE versus NDX/OTC but I have general overbought and breadth starting to reverse down. With the seasonal tax-loss selling, indexes should pull back into December after options expiry.



To: Lee Lichterman III who wrote (33077)11/10/1999 2:08:00 PM
From: DAY TRADER  Respond to of 99985
 
YOu can say that again. I am watching my NDX

puts turn to pennies in the last 4 days.

Sanity will return soon, and watch out below.

DT


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